Areas of Practice
Investment ManagementRetirement PlanningTax PlanningEstate PlanningHigh Net WorthSocially Responsible Investing
Compensation
Fee-Only (AUM)Fixed/Hourly
Firm Size
1210 advisors
Number of Clients
250,707 clients
Average Client Portfolio
$635K average
Assets Under Management
$159.1B
Fee Structure
Minimum Investment:$100K
Financial Planning:Included in AUM fee
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $250K | 0.89% |
| $250K - $1000K | 0.89% |
| $1.0M - $3.0M | 0.79% |
| $3.0M - $5.0M | 0.69% |
| $5.0M - $10.0M | 0.59% |
| $10M+ | 0.49% |
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Contact
Michael C Anderson
Location
Pasadena, CA
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Regulatory History
Clean regulatory record
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Employment History
Current Registrations
Empower Financial Services, INC.
October 2021 - Present · 4 yrs 4 mos
Empower Advisory Group, LLC
October 2021 - Present · 4 yrs 4 mos
Empower Financial Services, INC.Broker
October 2021 - Present · 4 yrs 4 mos
Previous Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
April 2017 - October 2021 · 4 yrs 6 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
April 2017 - October 2021 · 4 yrs 6 mos
Wells Fargo Advisors, LLC
August 2016 - September 2016 · 1 mo
Wells Fargo Advisors, LLCBroker
March 2016 - September 2016 · 6 mos
Scottrade, INC.Broker
June 2013 - March 2016 · 2 yrs 9 mos
Rbs Securities INC.Broker
September 2012 - January 2013 · 4 mos
Wells Fargo Advisors, LLCBroker
January 2011 - August 2012 · 1 yr 7 mos
Wells Fargo Investments, LLCBroker
December 2010 - January 2011 · 1 mo
Goldman, Sachs & CO.Broker
April 2007 - March 2009 · 1 yr 11 mos
Fidelity Brokerage Services LLCBroker
March 2006 - April 2007 · 1 yr 1 mo
State Registrations6 states
AZCAHINMNVUT
AdvisorBrokerBoth
Exams
No exam information available for this advisor.
Additional Information
Hi, I'm Michael Anderson. Thank you for viewing my profile!
Contact
Michael C Anderson